Event-Driven Stocks

Sitio Royalties Corp.

STR

Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕

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Signs6 gooddetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20
Revenue$611.1M$574.5M$355.4M$118.5M$44.2M
Operating income$203.0M$35.4M$194.0M$49.9M−$9.7M
Net income$40.9M−$15.5M$15.7M$47.5M−$14.2M
Total assets$4.74B$4.76B$5.17B$1.20B
Total liabilities$1.39B$1.16B$1.28B$139.7M
Equity$3.36B$3.60B$1.13B$1.06B$562.4M
EPS (diluted)$0.49$-0.20$1.10
Shares out.80.9M74.9M74.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
33.2%
Net margin
6.7%
Return on equity
1.2%
Return on assets
0.9%
Return on capital (ROCE)
4.3%
Liabilities / assets
29.2%
Debt / equity
0.41×
Book value / share
$41.52
Revenue growth (YoY)
6.4%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
2.85safe
Accruals / assets
8.9%clean
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
93
/ 100
Profitability 100Growth 100Catalyst 67Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

6 good
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
4 acquisitions8 disposalsnet 53.2M shares · last 12
InsiderDateTypeSharesPrice
Source Energy Permian Ii, Llc10% ownerAug 19, 2025Sell10,431
Blackstone Ema Ii L.L.C.Aug 19, 2025J8.6M
Bx Royal Aggregator LpAug 19, 2025J8.6M
Kimmeridge Energy Management Company, LlcDirectorAug 19, 2025D36.5M
Duplantier Jon-AlDirectorAug 19, 2025D57,940
Osicka Carrie L.Officer — Chief Financial OfficerAug 19, 2025Grant276,574
Marcoux Jarret J.Officer — See RemarksAug 19, 2025Grant221,999
James Britton L.Officer — See RemarksAug 19, 2025Grant221,999
Riesenfeld Brett S.Officer — See RemarksAug 19, 2025Grant168,736
Clark Morris RDirectorAug 19, 2025D51,037
Sult John RDirectorAug 19, 2025D104,955
Harvey ClaireDirectorAug 19, 2025D68,675

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Aug 15, 20252.0M1.4-1.5%
Jul 31, 20252.1M3.0+0.5%
Jul 15, 20252.1M1.5+3.4%
Jun 30, 20252.0M1.6+4.8%
Jun 13, 20251.9M1.0-36.8%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.